Platinum Cuts 5% Bounce from ‘Tocom Dump’ as GLD Gold ETF Shrinks Again

PLATINUM edged back 1% on Wednesday from yesterday’s bounce off sudden 14-year lows, trading at $838 per ounce as gold prices pushed higher, rising to touch 1-week highs at $1260. Among Western investment products, the SPDR Gold Trust (NYSEArca:GLD) – the world’s largest exchange-traded fund backed by metal – […]

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